BlueFire Renewables, Inc. (OTCMKTS:BFRE – Get Free Report)’s stock price crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $28.82 and traded as high as $29.65. BlueFire Renewables shares last traded at $29.65, with a volume of 5 shares.
BlueFire Renewables Stock Performance
The stock has a market cap of $2.37 million, a PE ratio of -2,927.53 and a beta of 0.93. The stock’s 50-day moving average is $28.82 and its two-hundred day moving average is $27.30.
BlueFire Renewables Company Profile
BlueFire Renewables, Inc focuses on developing, owning, and operating carbohydrate-based transportation fuel plants or bio-refineries to produce ethanol in North America. Its bio-refineries would convert organic materials, such as agricultural residues, high-content biomass crops, wood residues, and cellulose from municipal solid wastes into ethanol.
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